Mike Nussbaum brokered the deal for Thompson when he bought the theater. The same Nussbaum who was Donald Manes' campaign manager and was convicted of soliciting bribes. So yes, I would think saving face is a big deal for him.

According to another reporter from the local rags, Michael Nussbaum is only trying to save face, and that there are actually no interested investors/financiers. They also mentioned that Newmark Frank will most likely take the listing. I have a call into them to conifrm.